Migdal Insurance and Financial Holdings (MGDL.TA)

Cash on Hand as of June 2024 : €5.54 Billion

According to Migdal Insurance and Financial Holdings's latest financial reports the company has €5.54 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Migdal Insurance and Financial Holdings - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€10.30 B	0.44%
2022-12-31	€10.25 B	-4.58%
2021-12-31	€10.74 B	44.31%
2020-12-31	€7.44 B	-7.89%
2019-12-31	€8.08 B	24.56%
2018-12-31	€6.49 B	6.61%
2017-12-31	€6.09 B	12.88%
2016-12-31	€5.39 B	8.66%
2015-12-31	€4.96 B	61.94%
2014-12-31	€3.06 B	-2.63%
2013-12-31	€3.14 B	32.49%
2012-12-31	€2.37 B	38.31%
2011-12-31	€1.71 B	-89.1%
2010-12-31	€15.76 B	604596.8%
2009-12-31	€2.6 M	-99.97%
2008-12-31	€9.81 B	1841.24%
2007-12-31	€0.50 B	-46.57%
2006-12-31	€0.94 B	-88.09%
2005-12-31	€7.94 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Migdal Insurance and Financial Holdings (MGDL.TA) - Cash on Hand